Bboy, it is in a trading halt, for two days, whilst the broker places the stock with insto's and other clients willing to buy them. Apparently, the price they are being placed at is 4.80 cum divvy.
ATM was similar situation recently, when foundation holders sold down at a discount
seems to be becoming a regular event.....in my language it's called distribution.....
oh yes, and it's the ides of March too :scared::scared: